Alert 2006-18
ALERT

    Subject:  Unauthorized Banking
Description:  Trinity Savings Bank, Ltd. Nassau, Bahamas

       Date:  April 4, 2006

TO:  Chief Executive Officers of All National Banks; All State
     Banking Authorities; Chairman, Board of Governors of the
     Federal Reserve System; Chairman, Federal Deposit Insurance
     Corporation; Conference of State Bank Supervisors; Deputy
     Comptrollers (districts); Assistant Deputy Comptrollers;
     District Counsel and Examining Personnel

RE:  Trinity Savings Bank, Ltd.
     Marlboro House, Cumberland Street
     PO Box N 1201
     Nassau, Bahamas

     The Office of the Comptroller of the Currency (OCC) has been
     informed that the above-mentioned entity has represented
     itself as a bank and offered banking products and services
     to the general public.  The Central Bank of the Bahamas
     reports that there is no record of such a company being
     authorized or licensed to conduct the business of banking
     from the Bahamas.  The OCC has not authorized the referenced
     entity to operate as a bank or conduct banking business
     anywhere in the United States.
     
     Any information that you may have concerning this matter
     should be brought to the attention of :
               E-mail:   occalertresponses@occ.treas.gov
                 Mail:   Office of the Comptroller of the Currency
                         Enforcement & Compliance Division, MS 8-10
                         250 E Street, SW, Washington, DC   20219
                  Fax:   (202) 874-5301

     For additional information on this and other types of
     financial fraud, please visit the OCC's anti-fraud resource
     at:  http://www.occ.treas.gov/fraudresources.htm .
       
     
     
     Daniel P. Stipano
     Deputy Chief Counsel